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West Hillsborough News

Sunday, November 24, 2024

Home prices increased in Temple Terrace during the first half of 2022

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The median sale price of a home sold in the first half of 2022 in Temple Terrace rose by $105,000 while total sales increased by 7.8 percent, according to BlockShopper.com.

From January through June, there were 139 homes sold, with a median sale price of $320,000 - a 48.8 percent increase over the $215,000 median sale price for the same period of the previous year. There were 129 homes sold in Temple Terrace in the first half of 2021.

The median sales tax in Temple Terrace for the most recent year with available data, 2018, was $1,640, approximately 0.5 percent of the median home sale price for the first half of 2022.

The following table compares Temple Terrace to other Hillsborough County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Seffner73712.8$335,000$270,00024.1
Brandon8878800.8$335,000$251,50033.2
Town 'n' Country6276230.6$335,000$270,00024.1
Greater Carrollwood354374-5.3$335,000$277,50020.7
Thonotosassa41387.9$330,000$285,00015.8
Temple Terrace1391297.8$320,000$215,00048.8
Lake Magdalene8392-9.8$311,000$241,50028.8
Plant City3623435.5$310,000$260,00019.2
Palm River-Clair Mel16913129$275,900$210,00031.4
Greater Sun Center5055040.2$270,000$206,82530.5
Egypt Lake-Leto25419530.3$270,000$230,00017.4

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